Morning Bid: Markets mull potential US ‘no landing' By Reuters – Investing.com
Written by Jamie McGeever (Reuters) – Future outlook for the Asian market. Asian trading opens on Monday, with global macro and market conditions suddenly looking very different from what they were on Friday, thanks to a set of US jobs numbers that even the most bullish forecasters weren't expecting. . The September nonfarm jobs report […]
Yellen on 'soft landing' prediction: 'I believe that’s exactly what we’re seeing in the economy'
Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy is on the verge of a “soft landing,” as she predicted two years ago when inflation spiked in the wake of the pandemic. “There was a lot of anxiety about the economy and about the Biden administration's management of the economy,” journalist Ron […]